Author Archives: Derivatives Trader

AM: +6.4R Slightly behind pace of my goal of 15R/month but still happy with the result. PM: +5200 Very good. On pace for goal of 10k/month Overall, very happy with how I’ve traded with only blips of tilt that I’ve been able to control for the most part. Let’s keep it going

+.6R in HG. Inverse. Night trade + was going out for dinner so didn’t want to risk too much. Not much to say, good trade. +1R in CL. SFP. Again, simple trade got the desired result. AM: +1.6R PM: +350

+.4R in ES. SFP. Took a quick scalp off of news in PM session +.5R in GC. SFP. Clear trade that I should’ve been full size. This was a mistake. Have belief in your system and execute it properly. -1.3 in GC. Undefined. Tilt trade due to getting out of previous too early. Added toContinue reading “Feb 13”

AM: +1.6R in SI. Inverse. Not a major inverse level but has been consistently weak past few days. Refused to break down so exit Missed 2 SFP’s as they would’ve been entered overnight. Both 1R winners. Don’t think I can do anything about that. Overall, great patience on a day when there weren’t any A+Continue reading “Feb 12”

-.5R in HG. Inverse. Entry at 8pm. Was still sitting at entry by 10pm, should just get out flat -.4R in SI. Undefined. Saw that SI was weaker than GC, no good reason to buy 0 in GC. Inverse. This was biggest mistake of day as I was too preoccupied with subpar trades. Came toContinue reading “Feb 11”

Took way too many trades Sunday night and put myself in a hole rather than taking easy profit and starting the week in the green. -.7R in HG. Knew I was wrong immediately on entry and didn’t hit the bid when I should’ve. This is a great example of me rather being right then makingContinue reading “Feb 10”

AM: +1.1R in GC. Inverse. Layered entries because inverse wasn’t very clear. Only got filled 1 lot. Changed other entries and got full size with good stop loss area. Didn’t hold till planned 2R exit, which I would’ve gotten filled on. +0.3R in GC. Kept on going down and then huge buyer stepped in onContinue reading “Feb 7”

AM: Very tired so slept in instead of trading poorly. +1.5R on SI. Inverse happened overnight, very bullish vs GC. Wanted to buy below previous inverse low where others would be puking their longs. Got filled, barely any movement against me. AM: +1.5R PM: +900

Another simple, great day AM: +1R in CL. Anticipated H1 SFP. 2x ATR on H1 + already up 4%. Due to bullish price action, I didn’t want to overstay and took profit quickly. +1.8R in HG. Extremely strong level (5+touches), breaks out and inverse pattern. Should be risking more on this trade as it isContinue reading “Feb 5”

Overnight: +.6R in HG. Huge buyer stepped in but it had already moved up quite a bit so I exited at first signs of trouble. Easy 2R trade if I was comfortable with risk. AM: +1.8R in SI. SFP on 4H but I entered on 1H with improper stop size. Got lucky to average inContinue reading “Feb 4”